Western Community Bank

Status:Inactive as of 07/29/1994
 Absorption - Assisted
Successor Bank:Business Bank of California
Headquarters:Western Community Bank
321 East Sixth Street
Corona, CA 92880
Established:07/15/1980
FDIC Insurance:07/15/1980
FDIC Cert:#23157
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$54,013,000
Total Deposits:$53,141,000

History

1980-07-15Institution established: Original name:Western Community Bank of Corona/Norco
1987-11-19Reorganized.
1989-12-22Changed name to Western Community Bank
1994-07-29Failed. Acquired with government financial assistance and subsequently operated as part of Bank of San Bernardino (25070)
1996-08-15Changed name to Business Bank of California (25070)
1997-12-04Acquired High Desert National Bank (23854) in HESPERIA, CA
2000-08-31Acquired Valley Merchants Bank, National Association (33004) in HEMET, CA
2001-09-20Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2001-09-20Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2002-01-01Acquired Metro Commerce Bank (32720) in SAN RAFAEL, CA
2004-01-16Merged into and subsequently operated as part of Union Bank of California, National Association (22826) in SAN FRANCISCO, CA
2004-10-28Acquired Jackson Federal Bank (28653) in FULLERTON, CA
2008-12-18Changed name to Union Bank, National Association (22826)
2009-09-24Acquired Texas First Bank - Winnie (18046) in DALLAS, TX
2010-04-16Acquired Tamalpais Bank (33493) in SAN RAFAEL, CA as part of a government assisted transaction.
2010-04-30Acquired Frontier Bank (22710) in EVERETT, WA as part of a government assisted transaction.
2012-12-03Acquired Santa Barbara Bank & Trust, National Association (18169) in SANTA BARBARA, CA
2014-07-01Changed name to MUFG Union Bank, National Association (22826)

Financial Information (1993-12-31 and Older)